Dec 03 Watch New Jobs Report Disappoints as Challenges Mount for Long-Term Unemployed November's job numbers showed unemployment rising to 9.8 percent -- a disappointing surprise for analysts. Employers added only 39,000 jobs, compared to 172,000 in October. Jeffrey Brown discusses what's ahead for the economy and unemployed people with Lisa Lynch of… Continue watching
Dec 03 Debt Commission Fails to Send Plan to Congress President Obama delivers remarks and signs an executive order establishing the bipartisan National Commission on Fiscal Responsibility and Reform on Feb. 18, 2010 at the White House with co-chairs Erskine Bowles and Alan Simpson. (Tim Sloan/AFP/Getty Images) A majority… Continue reading
Dec 03 Unemployment Verdict: Worse Than it Appears By Elizabeth Shell The verdict on today's unemployment numbers is unequivocal. Conservative economist Peter Morici writes: "Terrible! Only 39,000 new jobs created is awful. After we back out health care and social services, which are largely government funded, the private sector… Continue reading
Dec 03 Unemployment Figures: Worse Than They Appear By Paul Solman The verdict on today's unemployment numbers is unequivocal. Conservative economist Peter Morici writes: "Terrible! Only 39,000 new jobs created is awful. After we back out health care and social services, which are largely government funded, the… Continue reading
Dec 03 Unemployment Rate Rises to 9.8% in November; Korean Tensions Simmer The Bureau of Labor Statistics released new unemployment data Friday showing the unemployment rate rose to 9.8 percent, the highest in seven months. Employers added 39,000 jobs last month, in contrast with the 172,000 added in… Continue reading
Dec 03 Breaking Down the November Unemployment Numbers By Elizabeth Shell Unemployment rose little in November, with the official rate edging up slightly from 9.6 percent to 9.8 percent. The government's broadest measure of unemployment stayed steady at 17 percent. This figure includes the unemployed plus all who are only marginally… Continue reading
Dec 03 The Morning Line: Senators Prepare for Weekend Showdown on Tax Cuts If you didn't get your fill of the tax-cut version of "Masterpiece Theater" yesterday in the House, fear not. You will have a chance to tune in to C-SPAN2 this weekend and catch Democratic senators trying to win a… Continue reading
Dec 02 Watch Fed Disclosure Sheds Light on Scope, Risk of $3 Trillion Safety Net The Federal Reserve has released documents detailing $3.3 trillion worth of emergency efforts to prop up failing banks, Wall Street firms and large companies during the height of the financial crisis. Jeffrey Brown breaks down the new disclosures with Neil… Continue watching
Dec 02 The Complicated Equation Behind Unemployment Benefits On Tuesday, Congress refused to further extended long-term unemployment benefits, keeping the cut-off at 99 weeks. That doesn't mean the fight is over. Democrats continue to argue for more time, while Republicans say the country can't afford it. Continue reading
Dec 02 On Thursday's NewsHour: Tax Cuts, DADT Debate, Fed Document Blast TAX CUT FIGHT | The fight over extending the Bush-era tax cuts hit the House floor Thursday. Judy Woodruff recaps the day's action. DON'T ASK, DON'T TELL | The debate over the military's "Don't Ask, Don't Tell" policy also continued… Continue reading